Abrigo

MARCH 24, 2021

Anti-Money Laundering Act of 2020 BSA professionals should prepare for changes as new regulations and guidance from FinCEN unfold. Want more BSA readiness articles sent to your inbox? Takeaway 1 The Anti-Money Laundering Act of 2020 (AMLA) is the first significant change to the Bank Secrecy Act in nearly 20 years. Takeaway 2 While the AMLA is now law, regulations, guidance, and other information still needs to be written.

Regulation 195

Regulation Training Study Policies 195

Gonzobanker

MARCH 24, 2021

A new customer digital experience that doesn’t deliver long-term results won’t matter in the long run. “Gentlemen, you can’t fight in here. This is the war room.” —President Merkin Muffley, Dr. Strangelove. Events in the last year have pushed the conversation about digital transformation to a new level of focus for senior executives at financial institutions.

Customer Experience 154

Customer Experience Strategy Community ATM 154

Payments Source

MARCH 24, 2021

MoneyGram International is providing access to its global money transfer network through software it is touting as "MoneyGram-as-a-service." ]].

Software 154

Software Payments 154

Banking Exchange

MARCH 24, 2021

S&P Global Market Intelligence analyzed more than 4,000 banks and credit unions to name the top performers Community Banking Feature3 Feature Bank Performance The Economy Financial Trends Retail Banking.

Community Bank 120

Community Bank Community Trends Retail 120

Advertisement

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

Lending

Payments Source

MARCH 24, 2021

Recurring transactions build relationships, are digitally friendly and can diversify product offerings, says Zuora's Michael Mansard. ]].

Payments 142

Payments Mobile 142

Payments Source

MARCH 24, 2021

The country's banks and fintechs are still new to working together, giving Railsbank a chance to become a key player in open banking. ]].

Fintech 141

Fintech Compliance 141

BankInovation

MARCH 24, 2021

Bess Healy, chief technology officer at Synchrony Financial, will join a panel to discuss the state of automation in financial services at the Bank Automation Ignite virtual conference on April 13-14. This live discussion will launch the conference at 11:30 a.m. ET. View the BA Ignite agenda. New technologies in robotic process automation and key […].

Conference 98

Conference Technology 98

Payments Source

MARCH 24, 2021

In a continuation of its Series D round to fuel its global expansion for cross-border payment solutions, Airwallex has raised $100 million in capital, valuing the fintech at $2.6 billion. ]].

Capital 102

Capital Fintech Payments 102

FICO

MARCH 24, 2021

In part 1 of the series on trade-based money laundering (TBML) , we established a definition of the term, explored some recent studies and highlighted some typical techniques employed by the criminals. In this second part, we will explore the challenges of countering TBML and explore some recent industry trends. Challenges in identifying and countering TBML exist at both the public and private sector levels, with a lack of understanding, awareness, and collaboration both domestically and interna

Compliance 98

Compliance Study Trends Fraud 98

Advertisement

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

Report

Payments Source

MARCH 24, 2021

As accounts payable departments add robotics and other innovation, workflows and skill sets will adjust--but people won't disappear, says Nvoicepay's Lauren Ruef. ]].

Payments 114

Payments Innovation Fintech 114

Qudos Bank

MARCH 24, 2021

Whether you’re trading up, trading in or buying your first car, it’s important to understand the costs associated with buying a new car - both before you get behind the wheel and after you’ve hit the road.

98

98

Payments Source

MARCH 24, 2021

MissionOG spots opportunities among firms that provide pandemic-era automation and a route for legacy financial institutions to compete with challenger banks and fintechs. ]].

Innovation 105

Innovation Payments Fintech Capital 105

BankInovation

MARCH 24, 2021

Since its founding in Evansville in 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships and keeping our clients at the center of all we do. This is an approach that we call The ONB Way and it has never been more important given the ongoing challenges being presented […].

National 96

National Strategy Community Bank Community 96

Advertisement

Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

Lending

PopularBank

MARCH 24, 2021

BDD Designation to Provide Branch $10 Million in Subsidized Deposits to Promote Community Reinvestment within East Harlem. New York, NY – March 24, 2021 – Popular Bank , a subsidiary of Popular, Inc. (NASDAQ: BPOP) announced today that it has received the Banking Development District (BDD) designation from the New York State Department of Financial Services (DFS) for its 164 East 116 th Street branch.

New York 91

New York Community New York City New Jersey 91

BankInovation

MARCH 24, 2021

Online lending marketplace Upstart announced the rollout today of its Upstart Referral Network, a new system driven by artificial intelligence (AI) that helps match loan applicants with banks and credit unions. The new platform, in limited preview for partner banks until its release this week, works as an aggregator for personal loans, and can be […].

System 95

System Lending Online 95

Payments Source

MARCH 24, 2021

Capital One Financial led a $170 million investment in the startup Hopper as the financial giant seeks to make a deeper push into travel. ]].

Capital 87

Capital Strategy Cards 87

Banking Exchange

MARCH 24, 2021

The presentation and discussion will take place digitally on April 20 Technology Financial Trends Feature3 Feature Tech Management.

Trends 78

Trends Management Technology 78

Advertisement

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

US

American Banker

MARCH 24, 2021

Complaints to the Consumer Financial Protection Bureau jumped 54% to 542,300 in 2020. Concerns about credit reports have long outnumbered those in other categories and jumped significantly as a share of the total from 2019. ]].

Report 83

Report 83

Payments Source

MARCH 24, 2021

Executive vice presidents and above will be evaluated on how they contributed to progress on efforts to curb the firm’s use of carbon, improve financial inclusion and reach gender-pay parity, CEO Michael Miebach said in a memo to staff. ]].

68

68

TheGuardian

MARCH 24, 2021

Eight hours each for work, leisure and sleep feels a sensible balance – yet with home working, and long-hours culture, it can seem like an unachievable goal A woman who grew up in the former Yugoslavia told me how they used to live their days by the three eights: eight hours of work, eight hours of free time and eight hours of sleep. Nice. I assume weekends were free.

US 78

US Community Industry Company 78

ABA Community Banking

MARCH 24, 2021

On the latest episode of the ABA Banking Journal Podcast, ABA Senior Counsel Shaun Kern discusses the OCC's recent proposal to revise its rules on permissible bank premises for national banks and federal thrifts, as well as ABA's call for the agency to withdraw the proposal. The post Podcast: How the OCC’s Premises Proposal Could Hamstring Bank Operations appeared first on ABA Banking Journal.

Operations 69

Operations National Branch Design Customer Experience 69

Advertisement

Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform. Traditional loan modifications are slow, expensive, and prone to errors, which put lenders at risk. But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance.

Compliance

American Banker

MARCH 24, 2021

Some institutions have experimented with cash-based rewards to kick-start membership growth, but it's unclear whether the strategy will be widely adopted. ]].

Strategy 81

Strategy Marketing 81

Banking Exchange

MARCH 24, 2021

Plus: Nevada-based Plumas Bancorp set to acquire Bank of Feather River Management Feature M&A Feature3.

Nevada 78

Nevada California Management 78

American Banker

MARCH 24, 2021

Executive vice presidents and above will be evaluated on how they contributed to progress on efforts to curb the firm’s use of carbon, improve financial inclusion and reach gender-pay parity, CEO Michael Miebach said in a memo to staff. ]].

75

75

Qudos Bank

MARCH 24, 2021

Limited travel opportunities, a huge uptick in savings 1 and more time spent at home over the last 12 months has meant that an increasing number of people are currently looking at remodelling, or even rebuilding, their home.

52

52

Advertisement

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Lending